Tuesday, October 23, 2018

HTC 'EXODUS 1' launched as World's first Blockchain phone. Today, HTC launched the early access period for its first blockchain phone, the 'EXODUS 1'. This early access version of the device can be obtained at www.htcexodus.com using either BTC or ETH, in an industry first crypto-only payment acceptance.

HTC 'EXODUS 1' launched as World's first Blockchain phone

The 'EXODUS 1' comes with the blockchain technology and contains a secure enclave - a locked area on the device that is protected from the Android OS. This secure enclave will hold the keys to your crypto, whether that is currencies or non-fungible tokens (NFTs) or in the very near future, all your digital data.

HTC has developed a unique Social Key Recovery mechanism in case your phone is lost or stolen, or you forget your keys. It is an easy and secure way to recover keys lost in the hardware. It also ensures that HTC does not hold your keys in a central location at any point - you maintain full custody at all times. HTC allows you to pick a few trustworthy contacts, and each one of those must download a key management app. Your seed then gets split using a secret sharing algorithm and is sent to the trusted contacts. Should the need arise, you can successfully regain access to your funds.

HTC is expanding the blockchain ecosystem by creating a phone dedicated to decentralized applications and security. The advent of Bitcoin and Ethereum brought with it the idea of digital scarcity and non-fungible tokens (NFTs).

Pricing & Availability
'EXODUS 1' can be obtained via the early access programme at https://www.htcexodus.com/ and will be available in 34 countries including the US, Taiwan, HK, Singapore, New Zealand, UK, Austria, Norway and other European countries.

Payment may be made in either BTC or ETH only: 0.15 BTC, 4.78 ETH. Expected ship date is December.